Common use of Care and Diligence Clause in Contracts

Care and Diligence. The failure of the Secured Parties or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, property or security;

Care and Diligence. The failure of the Secured Parties Lender or any other Person party to exercise diligence or reasonable care in the preservation, protection, enforcement, sale sale, or other handling or treatment of all or any part of such collateral, property property, or security;